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May 18, 2007

3,634

Tom Slee has a weblog, and says:

Whimsley: A response to Alex Tabarrok: Update 2: The other day I was pleased that my amazon.com Sales Rank was around 42,000. It is now 3634 - entirely due to the review...

Alex Tabarrok's reading Tom Slee's No One Makes Your Shop at Wal-Mart and consequent throwing the book against the wall and desiring to kick Tom Slee in the shins has boosted Tom's book's amazon.com sales rank by a factor of ten.

If it will boost the book's ranking further, I will promise to throw one of my two copies out my sixth-floor office window and to trap Tom Slee in the Evans Hall middle south elevator for no less than thirty minutes--it is a very nice book. Almost as nice as Bryan Caplan's The Myth of the Rational Voter.) And good anti-market books defending social democracy in this neoliberal age are scarce (bad books are plentiful).

Such books deserve to be rewarded by the market. Let's see how we can do...

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» Pain is Good from Whimsley
First Alex Tabarrok threw my book against the wall and promised to kick me in the shins if I venture near George Mason University - and sent my Amazon.com ranking up to number 3634. Now Brad DeLong offers to throw [Read More]

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I haven't finished it yet, and so far I don't think all of its points are well taken, but it is a very good popular introduction to game theory.

Serendipitously, I just wrote a final exam for a principles course with a question that asked them, in so many words, to describe the prisoner's dilemma faced by consumers who value both a thriving downtown as well as cheap prices. Is this sort of argument in Slee's book?

Yep, that's pretty much the title example. Wal-Mart itself isn't analyzed in depth (it's a concepts book), but the stylized game-theoretic treatment is there. A fine book, I agree.

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